“We definitely believe that there is going to be a lot of success with the lower ends of the market, as well with lower-price products; that will be very significant, and definitely an area we think is important, and we're quite focused on, Google chief executive Larry Page said while responding to a question.

He also acknowledged that Google is facing a stiff competition in the tablet market, which is dominated by Apple's iPad. Page also highlighted Amazon's low-cost Kindle Fire tablet, which runs on Android platform but doesn't feature Google's services, like its search engine, e-mail and social network, with the tablet.

"There's also obviously been a lot of success on some lower-price tablets that run Android, maybe not the full Google version of Android," Page noted, referring to Amazon's tablet.

Google chief's comments come amid rumours of Google working on a self-branded Nexus tablet. According to reports, the Google tablet's release has been delayed till July.